$729,990

2114 W Florence Ave Los Angeles, CA 90047

Manchester Square Neighborhood

Estimated payment $4,619/month

Total Views 2,242
1 Bed
4 Baths
1,166 Sq Ft
$626 Price per Sq Ft

About This Home

$81,400 annual income potential

This QUAD is great for an FHA buyer who can live in the VACANT STUDIO while renting out the other 3 units. It provides a great income for any home buyer or investors who would like to have a positive cash flow from day way. POSSIBLY ZONED FOR A MOTEL- BUYER TO CONFIRM!

The units are THREE studios and ONE - 1 bedroom 1 bath with one of the STUDIO's BEING DELIVERED VACANT!

Tenants are mix of section 8 and other government subsidies and one traditional tenant with all rents always being paid on time and super easy going tenants. The rents are $1750 and $950 for each studio and one studio is becoming vacant while the 1 bedroom is getting $1850 in rent. In addition, the 3 parking spots are rented out to a separate entity at $400/ month with a 1 year lease agreement (8 months to go).

A TOTAL OF $6300 monthly income or $75,600/ annual income with the last studio being rented out at $1750 as well and a TOTAL OF $81,400/ annually including the parking income.

This wont last so submit your offer today!

Listing Agent

Mazdak Sarehkhani

Mazdak Sarehkhani Brokerage Phone: 818-601-8215 License #01811455 Listed on: 07/29/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 2,553 Sq Ft Lot
  • No Common Walls

Parking

  • 3 Parking Spaces

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 1,166 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 4 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 4 / 4
  • Tax Tract Number 5107
  • Assessor Parcel Number 6017004004
  • $652 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,500
  • Trash Expense $100
  • Water Sewer Expense $300
  • Operating Expense $8,000
  • Gross Income $75,600
  • Net Operating Income $68,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Price Per Unit: 182498
  • Property Attached: No
  • Water Sewer Expenses: 300.00
  • Zoning: LAC2
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 6017004004
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 626.06

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 3.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 100.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 2553.00
  • Lot Size Acres: 0.0586

Rental Info

  • Tenant Pays: Parking Fee

Multi Family

  • Gross Income: 75600.00
  • Gross Scheduled Income: 80400.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 2553.0000 Square Feet
  • Net Operating Income: 68300.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 8000.00
  • Rent Control: Yes
  • Total Expenses: 8000.00

Tax Info

  • Tax Block: 4
  • Tax Census Tract: 2379.00
  • Tax Lot: 4
  • Tax Tract Number: 5107
  • TaxOtherAnnualAssessmentAmount: 652.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2025 09/03/25 Price Changed $729,990 0.0% $626 / Sq Ft
08/20/2025 08/20/25 Price Changed $729,900 +0.1% $626 / Sq Ft
07/29/2025 07/29/25 For Sale $729,000 +231.4% $625 / Sq Ft
02/26/2014 02/26/14 Sold $220,000 -11.3% $175 / Sq Ft
02/20/2014 02/20/14 Pending -- -- --
01/27/2014 01/27/14 For Sale $248,000 -- $197 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25170709

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Los Angeles 90047 Manchester Square

2114 W Florence Ave, Los Angeles, CA

This home is located at 2114 W Florence Ave, Los Angeles, CA 90047 and is currently priced at $729,990, approximately $626 per square foot. This property was built in 1955. 2114 W Florence Ave is a home located in Los Angeles County with nearby schools including Seventy-Fourth Street Elementary School, Horace Mann Ucla Community, and Crenshaw Science, Technology, Engineering, Math And Medicine Magnet.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Mazdak Sarehkhani
Listing Agent
Mazdak Sarehkhani
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Mazdak Sarehkhani
(818) 601-8215